Firing Jerome Powell Could Wreck Markets, Warns Senator Warren

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The Senator of the United States, Elizabeth Warren, has warned that the announcement of Donald Trump to terminate Federal Reserve Chair Jerome Powell, could cause a crash in the financial markets of the state.  Powell faced severe criticism from Trump, along with the accusation of being politically biased.Mr.

She also highlighted that the step will not only take investor confidence but also destabilize the financial markets.

The experts also mention that the credibility of the central bank is essential for maintaining investor trust and keeping an effective monetary policy.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab EmiratesUnited States

Topics: Market Updates Market News Federal Reserve Jerome Powell

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-19 @ 10:50:31 (18 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 323 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27999087

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Official Website: thenewscrypto.com

Update Frequency: 13 posts per day

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News Last Updated: 16 hours ago

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